741 Sheppard Avenue Unit 307, Toronto C06

Price: $799,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: C12808546

Beautiful boutique residence at Diva Condo, situated in one of North York's most desirable and family-friendly neighbourhoods! Offering over 1,000 sq. ft. of thoughtfully designed living space with a split-bedroom layout. Spacious open-concept kitchen with a central island, featuring an undermount water filter and built-in soap dispenser. Large primary bedroom featuring a walk-in closet with custom organizers, a 4-piece ensuite, and direct access to your private south-facing terrace with unobstructed views of lush greenery. The second bedroom offers a bright north-facing exposure. Additional highlights include custom closet organizers throughout, a conveniently located locker on the same floor, and a premium parking space close to elevator access. Excellent building amenities include a gym, sauna, party room, visitor parking, and more. All this in an unbeatable location close to transit, shopping, highways, parks, and top-rated schools.

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$799,000 - 741 Sheppard Avenue Unit 307, North York

Condo for Sale in North York

129 days on market
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
C12808546
Property Type
Condo
Status
active
Days on Site
129
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
North York (Bathurst Manor / Clanton Park)
Locker
Owned
Exposure
North South
Balcony
Terrace
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Beautiful boutique residence at Diva Condo, situated in one of North York's most desirable and family-friendly neighbourhoods! Offering over 1,000 sq. ft. of thoughtfully designed living space with a split-bedroom layout. Spacious open-concept kitchen with a central island, featuring an undermount water filter and built-in soap dispenser. Large primary bedroom featuring a walk-in closet with custom organizers, a 4-piece ensuite, and direct access to your private south-facing terrace with unobstructed views of lush greenery. The second bedroom offers a bright north-facing exposure. Additional highlights include custom closet organizers throughout, a conveniently located locker on the same floor, and a premium parking space close to elevator access. Excellent building amenities include a gym, sauna, party room, visitor parking, and more. All this in an unbeatable location close to transit, shopping, highways, parks, and top-rated schools.

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Estimate your monthly payments for this property

Estimated Payment

$4,099.28/mo

Includes CMHC insurance ($22,292)

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5-yr fixed avg.

Principal: $719,100Interest: $488,393
Mortgage Amount$741,392
Total Interest$488,393
Est. Property Tax$566/mo
Total Cost$1,229,785

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: North York (Bathurst Manor / Clanton Park)

Discover North York (Bathurst Manor / Clanton Park)

North York (Bathurst Manor / Clanton Park) is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in North York (Bathurst Manor / Clanton Park)

  • Convenient location in North York (Bathurst Manor / Clanton Park)
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

North York (Bathurst Manor / Clanton Park) offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

741 Sheppard Avenue Unit 307, North York (Bathurst Manor / Clanton Park)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$566
Insurance (est.)-$166
Net Cash Flow+$978

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $799/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 129 days on site, this property has exceeded the typical selling timeline for North York. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Investment Perspective

Looking at this as an investment: North York properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    741 Sheppard Avenue Unit 307 | $799,000 | Battaglia Team